IFIC owns shares in Pair Investment Company – Pakistan

According to Pair Investment Company official website www.pairinvestment.com, Iran Foreign Investment Company holds 50% of Pair Investment Company shares.

PAIR Investment Company Limited (PICL) is a Joint Venture Investment Company which has been formed as a result of an agreement between the Governments of Pakistan and Iran. PICL came into existence in 2007 as a company operating in Pakistan and registered under the Companies Ordinance, 1984. It is classified as a “Development Finance Institution” (DFI) under the regulatory control of the State Bank of Pakistan. PICL has an authorized capital of Rs. 10 billion and currently has a paid-up capital of Rs. 6 billion.

Many bad things were done to Iran by some really bad people. These criminals will have to be brought to justice.For many generations this country was captive to a corrupt regimes. Iranian people had to find ways to survive ... ReadMore +